ACCA考试 2022_04_05 每日一练
(c) Define ‘retirement by rotation’ and explain its importance in the context of Rosh and Company.
(5 marks)
(b) Discuss the key issues which will need to be addressed in determining the basic components of an
internationally agreed conceptual framework. (10 marks)
Appropriateness and quality of discussion. (2 marks)
(c) Identify and evaluate other strategic options ONA could consider to address the airline’s current financial and
operational weaknesses.
Note: requirement (c) includes 2 professional marks (10 marks)
(ii) Can we entertain our clients as a gesture of goodwill or is corporate hospitality ruled out? (3 marks)
Required:
For EACH of the three FAQs, explain the threats to objectivity that may arise and the safeguards that should
be available to manage them to an acceptable level.
NOTE: The mark allocation is shown against each of the three questions.
(ii) Assuming the new structure is implemented with effect from 1 August 2006, calculate the level of
management charge that should be made by Bold plc to Linden Limited for the year ended 31 July
2007, so as to minimise the group’s overall corporation tax (CT) liability for that year. (2 marks)
(b) Using the information provided, state the financial statement risks arising and justify an appropriate audit
approach for Indigo Co for the year ending 31 December 2005. (14 marks)
(c) Using sensitivity analysis, estimate by what percentage the life cycle of the Snowballer would need to change
before the recommendation in (a) above is varied. (4 marks)
(b) (i) Explain the matters you should consider to determine whether capitalised development costs are
appropriately recognised; and (5 marks)